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General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept

General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...

Hyundai teases new 2015 i20 supermini

Hyundai has teased its new i20 hatchback ahead of its unveiling at the Paris Motor Show 2014. The company has released this design rendering of the new model, which appears to be much sportier than its predecessor. On Bing: see pictures of the 2015 Hyundai i20 Find out how much a used Hyundai i20 costs on Auto Trader The 2015 Hyundai i20, designed at the firm’s Russelsheim design centre in Germany, features a traditional hexagonal grille and a new, thin strip connecting the headlights.

Bugatti won't build new car until Veyron is sold out

Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.